Will there be enough fear for gold to print weekly peaks?

FXstreet.com (Chicago) – Gold’s cruising above the $1,326 zone printing lows at $1,324.50 and highs at $1,328. Amid debt ceiling and government shutdown tensions in the US that seem to spread across the world, the metal is offered at $1,326.70.

Investors seeking default protections send US short-term yields up amid discussions on what is the best option for the country in terms of spending. Approaching yesterday’s spike to $1,330 zone, gold is close to print weekly gains if it succeeds at breaking above the previously mentioned zone.